South Bow (SOBO) Prepaid Assets (2023 - 2026)
South Bow (SOBO) posted Prepaid Assets of $479.0 million for Q2 2026, up 17.11% on a QoQ basis from $409.0 million in Q1 2026, and down 13.85% year-over-year from $556.0 million in Q2 2025.
Analysis
South Bow (SOBO) Prepaid Assets (2023 - 2026) Analysis & Trends
South Bow has reported Prepaid Assets for 4 years, with the latest figure at $479.0 million in Q2 2026.
- On a quarterly basis, Prepaid Assets fell 13.85% year-over-year to $479.0 million in Q2 2026; TTM through Jun 2026 was $479.0 million, a 13.85% decrease from a year earlier, with the FY2025 full-year figure at $259.0 million, down 24.05% from the prior year.
- Prepaid Assets was $479.0 million for Q2 2026 at South Bow, up from $409.0 million in the prior quarter.
- The five-year high for Prepaid Assets was $644.0 million in Q4 2023, with the low at $259.0 million in Q4 2025.
- Average Prepaid Assets over 4 years is $458.9 million, with a median of $444.0 million recorded in 2026.
- The sharpest annual moves came in 2024 and 2026: Prepaid Assets slumped 47.05% in 2024, then gained 7.92% in 2026.
- Over 4 years, Prepaid Assets stood at $644.0 million in 2023, then plunged by 47.05% to $341.0 million in 2024, then retreated by 24.05% to $259.0 million in 2025, then surged by 84.94% to $479.0 million in 2026.
- The last three Prepaid Assets figures came in at $479.0 million (Q2 2026), $409.0 million (Q1 2026), and $259.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn |
| 10 | South Bow | 7.72 Bn | 6.95 Bn | 485.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 479.00 Mn |
| Mar 31, 2026 | 409.00 Mn |
| Dec 31, 2025 | 259.00 Mn |
| Sep 30, 2025 | 604.00 Mn |
| Jun 30, 2025 | 556.00 Mn |
| Mar 31, 2025 | 379.00 Mn |
| Dec 31, 2024 | 341.00 Mn |
| Dec 31, 2023 | 644.00 Mn |